🔥 Oil just made a big move — did you catch it?
Brent crude jumped $70 → $84 between Feb 26 and Mar 3 — a huge move in just one week.
What pushed oil higher?
• Rising tensions in the Middle East
• Temporary closure of the Strait of Hormuz
• Tanker incidents disrupting exports and tightening supply
📊 Why traders are watching:
Oil is highly news-driven. Headlines can move prices fast, creating opportunities for trend trades and breakouts.
🔮 2–4 week outlook:
If supply risks remain high:
• Potential move: +8% to +15%
• Possible target: $90–$100
💡 Why traders like oil volatility:
• ~3% average daily moves
• Good for intraday trading
• Works well for short swing setups
What do you think happens next?
👍 Continues to climb
👎 Pullback coming
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1March 12, 2026 7.5K 5
